7 rules of success from the richest man on Earth
Jeff Bezos is now the richest man on Earth after having surpassed Bill Gates with this title. And it is no wonder that just like to Bill we are going to look up to him in order to look for financial advice as well as tips on how to be successful.
And we are very satisfied to say that Jeff delivered. Here are top-7 rules of success according to Jeff Bezos.
1. Risk.
2. Sell top-notch product at regular price.
3. Do something new.
4. Find you passion and earn off of it.
5. Stand your ground and believe in something.
6. Follow your heart.
7. Do not dwell on the past.
1. Risk.
There is a Russian saying “They, who do not risk do not drink champagne”, meaning that if you are not going to take a risk, you are not going to be able to celebrate your success. And that is true. And Jeff seems to be all for that point of view. Of
course there is always a chance to fail here. But after that you can exclude at least one of the ways on how to reach success.
But risk is about having an idea that you desperately want to bring to life and taking it is just your way of showing just how much you want to succeed.
2. Sell top-notch product at regular price.
This one actually goes perfectly if you know what Jeff did in order to gain all of that wealth. He is the founder and CEO of a little company called Amazon. And his main goal was to bring people wares the production of which didn’t take an awful lot of money with according price. And he delivered once again.
The main point here is this: always assign the right price to things. That is not only going to give you privilege before others, but you will also gain more trust from the people around you. And that can be said not only about selling stuff.
3. Do something new.
A lot of people are trying to succeed by feeding off someone else’s success. But the world right now designates value to something new and unique. Something, which has never been seen before. People get pretty tired from recycled ideas and the same products being issued again and again (yes Apple, I am talking about you).
That is why if you have developed a unique and interesting trading strategy that has been working for you do not hesitate to try and sell it over the internet, what if that is what you were born to do? Do not try and recycle the old ways – do something new.
4. Find you passion and earn off of it.
That is somewhat connected with my previous point. You need to find the thing that you were born to do and make your living off of it. In case you are failing in your current field that might just be because you were not meant to do it. Look for something different. Employ my first point and change your life completely. A lot of people find their success just like that.
5. Stand your ground and believe in something.
Believing in your idea and your way might sounds if it is a line straight from a sports-movie and I am the coach delivering the passionate speech in the middle of the game we are losing. But that is actually a valid advice from the richest person on the planet. I believe that in his own time he stood by what he believed in. And that is exactly what got him to his current position.
6. Follow your heart.
Now, that is a good advice but for the time-being. We, as traders know better than anyone that sometimes – aka most of the time – it is still better to follow your head. But we can really implement this idea to our own good – our heads need a little bit of rest from time to time. And that is the exact time to follow our heart, leave tough decision and thoughts in your trading space and enjoy your time outside of it.
7. Do not dwell on the past.
And live with no regrets. Remembering your fails is no good for you. It is just the way for you to get all distracted and discouraged. But we now that that is exactly one of the trading mistakes that can only harm our trading portfolio and our success rate.
So, look into the future and do not dwell on the past. Good advice we should all follow.
What do you think of all that? Will you follow these pieces of advice?
